Mergers and Acquisitions

Justice Department to Challenge Two Health-Insurance Mergers

The Justice Department is close to challenging Anthem Inc.'s proposed acquisition of Cigna Corp. and Aetna Inc.'s planned combination with Humana Inc., according to people familiar with the matter, moves that would represent strong government pushback against consolidation in the health-insurance industry.

Monsanto Rejects Bayer's Sweetened Merger Offer

Monsanto Co. on Tuesday again rejected Bayer AG's takeover proposal, saying Bayer's improved $65 billion bid still undervalued the biotech seed giant -- but it left the door open to further talks with Bayer and "other parties."

Lions Gate to Buy Starz in $4.4B Deal

Filmmaker Lions Gate Entertainment Corp. agreed to acquire Starz in a cash-and-stock deal, valued at $4.4 billion with debt, that combines the maker of the "Hunger Games" movie franchise with the operator of pay-television networks.